Steel Canyon Capital 13F annual report
Steel Canyon Capital is an investment fund managing more than $50.2 billion ran by Brett Huckelbridge. There are currently 19 companies in Mr. Huckelbridge’s portfolio. The largest investments include Liberty Media and Brookfield Asset Managmt Ltd, together worth $16.6 billion.
$50.2 billion Assets Under Management (AUM)
As of 8th May 2023, Steel Canyon Capital’s top holding is 400,125 shares of Liberty Media currently worth over $12 billion and making up 24.0% of the portfolio value.
Relative to the number of outstanding shares of Liberty Media, Steel Canyon Capital owns more than approximately 0.1% of the company.
In addition, the fund holds 140,018 shares of Brookfield Asset Managmt Ltd worth $4.58 billion.
The third-largest holding is Asbury Automotive Inc worth $3.78 billion and the next is Us Bancorp Del worth $3.19 billion, with 88,510 shares owned.
Currently, Steel Canyon Capital's portfolio is worth at least $50.2 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Steel Canyon Capital
The Steel Canyon Capital office and employees reside in Phoenix, Arizona. According to the last 13-F report filed with the SEC, Brett Huckelbridge serves as the Managing Member at Steel Canyon Capital.
Recent trades
In the most recent 13F filing, Steel Canyon Capital revealed that it had opened a new position in
Brookfield Asset Managmt Ltd and bought 140,018 shares worth $4.58 billion.
The investment fund also strengthened its position in American Express Co by buying
22 additional shares.
This makes their stake in American Express Co total 16,012 shares worth $2.64 billion.
American Express Co dropped approximately 0.1% in the past year.
On the other hand, there are companies that Steel Canyon Capital is getting rid of from its portfolio.
Steel Canyon Capital closed its position in Brookfield Asset Mgmt Inc on 15th May 2023.
It sold the previously owned 40,072 shares for $1.64 million.
Brett Huckelbridge also disclosed a decreased stake in Liberty Media by approximately 0.1%.
This leaves the value of the investment at $12 billion and 400,125 shares.
One of the smallest hedge funds
The two most similar investment funds to Steel Canyon Capital are Harris Associates L P and Oup Management Co. They manage $50.2 billion and $50.1 billion respectively.
Brett Huckelbridge investment strategy
Steel Canyon Capital’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Communication Services — making up 30.7% of
the total portfolio value.
The fund focuses on investments in the United States as
63.2% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
37% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $161 billion.
The complete list of Steel Canyon Capital trades based on 13F SEC filings
These positions were updated on May 15th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Liberty Media Corp. |
9.09%
400,125
|
$12,035,623,000 | 23.99% |
| Brookfield Asset Managmt Ltd |
Opened
140,018
|
$4,581,389,000 | 9.13% |
| Asbury Automotive Group Inc |
0.20%
17,998
|
$3,779,580,000 | 7.53% |
| Us Bancorp Del |
Opened
88,510
|
$3,190,786,000 | 6.36% |
| Autonation Inc. |
Opened
22,037
|
$2,960,891,000 | 5.90% |
| Visa Inc |
33.29%
12,013
|
$2,708,451,000 | 5.40% |
| American Express Co. |
0.14%
16,012
|
$2,641,179,000 | 5.27% |
| Willis Towers Watson Plc Ltd |
31.30%
11,000
|
$2,556,180,000 | 5.10% |
| New York Times Co. |
Opened
65,045
|
$2,528,950,000 | 5.04% |
| Madison Square Grdn Entertnm |
Opened
42,085
|
$2,485,961,000 | 4.96% |
| Arch Cap Group Ltd |
54.31%
32,017
|
$2,172,994,000 | 4.33% |
| RH |
99.60%
8,040
|
$1,958,142,000 | 3.90% |
| Brookfield Corp |
Opened
48,044
|
$1,565,754,000 | 3.12% |
| Progressive Corp. |
111.51%
10,546
|
$1,508,711,000 | 3.01% |
| Douglas Elliman Inc. |
550.49%
410,030
|
$1,275,193,000 | 2.54% |
| Warner Music Group Corp. |
Opened
25,064
|
$836,386,000 | 1.67% |
| First Horizon Corporation |
Opened
36,022
|
$640,471,000 | 1.28% |
| Alphabet Inc |
Opened
5,035
|
$523,640,000 | 1.04% |
| Schwab Charles Corp |
94.12%
4,030
|
$211,091,000 | 0.42% |
| Brookfield Asset Mgmt Inc |
Closed
40,072
|
$1,639,000 | |
| Anywhere Real Estate Inc |
Closed
130,070
|
$1,055,000 | |
| No transactions found | |||
| Showing first 500 out of 21 holdings | |||
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